Australian dollar tumbles after RBA decision, ASX to follow Wall St higher

Australian shares are expected to start the day higher, as global markets hit fresh record highs ahead of the US Federal Reserve’s policy meeting.

ASX futures are up 1 per cent to 7,364, by 6:30am AEDT.

The Australian dollar has fallen sharply to 74.28 US cents (down 1.3 per cent), on the back of…